16 Jul 2013
Spanish borrowing costs rise again at auction
FXstreet.com (Barcelona) - The Spanish Tesoro Público held a debt auction on Tuesday during which it sold a total of 4.05 billion euro worth of 6- and 12- month bonds.
1.63 billion euros of 6-month bonds were auctioned at an average yield of 0.95%, compared with 0.82% seen at the previous auction in June. 2.42 billion euros worth of 12-month bonds, were sold at an average yield of 1.50% versus the previous 1.39%.
1.63 billion euros of 6-month bonds were auctioned at an average yield of 0.95%, compared with 0.82% seen at the previous auction in June. 2.42 billion euros worth of 12-month bonds, were sold at an average yield of 1.50% versus the previous 1.39%.